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If you deposit $475 at the end of each quarter into an account that pays 2.7% interest compounded quarterly, how much will you have in
If you deposit $475 at the end of each quarter into an account that pays 2.7% interest compounded quarterly, how much will you have in the account after 11 years? (A) Identify your variables. Enter Te as a fraction or as a decimal accurate to 8 decimal places. R Tc = OS= T = n = 4 t = nt = P(1 + 7) OS = (B) Which is a correct formula for solving this problem? OP=R (1-(1+1)-*) N *S= R((1+75-1) Tc o Submit Question N = R(1+r) ((1+r) - 1) Tc 0x = - b b - 4ac 2a OS= Pert OR-P(-0 + 5*) = N 1- (1 + r) (C) Solve for the amount of money in the account after 11 years. Round answer to 2 decimal places. total amount: $
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